Reliance Power Achieves 52-Week High Amid Broader Market Volatility

Jun 10 2025 09:38 AM IST
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Reliance Power's stock has reached a new 52-week high of Rs. 67.2, following a strong three-day performance with a notable increase. The stock is trading above key moving averages, reflecting a positive trend, while the broader market shows some volatility despite being near its own 52-week high.
Reliance Power has made headlines today as its stock price reached a new 52-week high of Rs. 67.2, marking a significant milestone for the company. This surge comes after a strong performance over the past three days, during which the stock has gained 9.57%, outperforming its sector by 3%. The stock's intraday high of Rs. 67.2 reflects a 4.11% increase for the day.

In terms of technical indicators, Reliance Power is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend. Over the past year, the stock has delivered an impressive return of 157.00%, significantly outpacing the Sensex, which has seen a modest gain of 7.73% during the same period.

Despite the positive performance of Reliance Power, the broader market is experiencing some volatility, with the Sensex trading slightly lower at 82,406.46 after an initial positive opening. The market remains close to its 52-week high, indicating a mixed sentiment among investors.
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